Transfers out - are trustees at a greater risk than they realise?

Stephen Richards and Julia Ward discuss the pressures trustees are under

clock • 3 min read
Transfers out - are trustees at a greater risk than they realise?

"With great power comes great responsibility" so the saying goes. The Pensions Ombudsman (TPO) seems to think so too.

A recent ombudsman determination on a transfer to a scam arrangement has shown, yet again, that failures by trustees in their due diligence or flagging of risks to members will result in the truste...

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